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Cover image for The system : who rigged it, how we fix it
Title:
The system : who rigged it, how we fix it
ISBN:
9780525659044
Physical Description:
viii, 206 pages ; 20 cm.
Contents:
The obsolescence of right and left -- Patriot first? -- Socialism for the rich, harsh capitalism for the rest -- The system of corruption -- The silence of the CEOs -- The core contradiction -- The vicious cycle -- From stakeholder to shareholder capitalism -- The power shift -- The last coping mechanism -- The triumph of oligarchy -- The furies -- How oligarchies retain power -- Why democracy will prevail -- A final word to Mr. Dimon.
Personal Subject:
Summary:
Millions of Americans have lost confidence in our political and economic system. After years of stagnant wages, volatile job markets, and an unwillingness to deal with profound threats such as climate change, there is a mounting sense that the system is fixed, serving only those select few with enough money to secure a controlling stake. With the characteristic clarity and passion that has made him a central civil voice, Robert B. Reich shows how wealth and power have interacted to install an elite oligarchy, eviscerate the middle class, and undermine democracy. Using Jamie Dimon, the chairman and CEO of JPMorgan Chase as an example, Reich exposes how those at the top propagate myths about meritocracy, national competitiveness, corporate social responsibility, and the "free market," to distract most Americans from their accumulation of extraordinary wealth, and power over the system. Instead of answering the call to civic duty, they have chosen to uphold self-serving policies that line their own pockets and benefit their bottom line. Reich's objective is not to foster cynicism, but rather to demystify the system so that we might instill fundamental change and demand that democracy works for the majority once again. --
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